FCStone Group, Inc. Announces Acquisition of Australian Risk-Management Firm Elders Risk Management
finance.yahoo.com
Monday January 12, 2009, 4:00 pm EST
KANSAS CITY, Mo.--(BUSINESS WIRE)--FCStone Group, Inc. (NASDAQ: FCSX), a commodity risk-management firm, today announced that it has acquired Elders Risk Management Pty Ltd, an Australian-based company that specializes in risk management for the producers and users of agricultural commodities, including grains, livestock, cotton and wool.
Elders Risk Management Pty Ltd had been a part of Elders Limited, an agribusiness services organization headquartered in Adelaide, Australia that, in turn, is a subsidiary of Futuris Corporation Ltd (Australian Stock Exchange: FCL), Australia’s largest agribusiness holding company. |
